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16 July 2018 | 3 replies
If you pay for theirs, the rent you charge will probably be higher, which will filter out a lot of tenants before they look at the details of why you're higher.
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18 August 2018 | 13 replies
1.Ask for a copy of their standard seller side and buyer side closing documents2.Ask if they close any non-traditional type transactions you intend to use.3.Ask for a copy of their standard fees, and if title policy rates are not set by a governing body4.Ask about insurance premium rates.5.I would ask them if they are investor friendly.6.If they double close and if what do they, ask what do they charge for the 2nd close?
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17 July 2018 | 8 replies
I am shopping for an apartment in Harlem area around 150th and Bradhurst, and I need your opinion in where I can negotiate in terms of monthly rent and commission fee charged by an agent.Below are the facts:-The 1 bed room apartment is listed on Trulia.com for 80 days-Original asking price was $1850 and recently reduced down to $1750.
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19 July 2018 | 8 replies
With the properties I am looking at, most of these foreclosures are in the $100,000 range so I'd have the money to close on something in a month or so using a %3.5 FHA loan or a 3% conventional loan.
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8 August 2018 | 6 replies
@Nate Stitchell I think the first move should almost always be to purchase a 3 or 4 unit property with a 5% down conventional loan.
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22 August 2018 | 4 replies
-I could simply charge a flat fee for each of the services I provide (10% management fee, couple hundred bucks for the finding of the place and a couple hundred more for closing the deal, etc)Has anyone out there been in this kind of spot?
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16 July 2018 | 8 replies
Take a look at similar size units nearby and see what they're charging for rent, and then ask yourself what can you do to your property to get the same rent.
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21 July 2018 | 7 replies
I am trying to figure out how much of conventional mortgage I will be able to get approved for.
17 July 2018 | 12 replies
Conventional financing usually limits seller credit to 2 percent or less of sales price.The other option is to just knock 10k off the purchase price but then you need 10k or more in cash lying around.